Tong Yang Industry Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 12:00 am IST
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Tong Yang Industry Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 21,613.680 million compared to TWD 23,006.584 million a year ago. Operating income was TWD 2,164.435 million compared to TWD 1,849.634 million a year ago. Net income was TWD 1,984.424 million compared to TWD 1,926.010 million a year ago. Basic earnings per share was TWD 3.36 compared to TWD 3.26 a year ago. Diluted earnings per share was TWD 3.35 compared to TWD 3.26 a year ago.
Tong Yang Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of automobile and motorcycle spare parts. The Company operates through two segments. The Automobile Assembly Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for automobile assembly market. The Repair and Maintenance Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for repair and maintenance market. The main products include bumpers, headers, instrument boards, engine covers, fenders and fans. The Company operates within the domestic market and to overseas markets, including China mainland, the United States and other countries.